Chapter News

EU Council approves the EU’s legislative priorities for 2017

On 13 December 2016, the Council approved the EU's legislative priorities for 2017 as agreed beforehand with the European Parliament and the Commission. This will help the three EU institutions to pool their efforts and to ensure substantial progress in fields where they are most needed. A joint declaration setting out the EU priorities will be signed by the Slovak Prime Minister Robert Fico, the President of the Parliament, Martin Schulz, and the President of the Commission, Jean-Claude Juncker...

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Chapter News

Investment Plan for Europe: Momentum continues with EFSI-backed agreements in all 28 Member States

The recent agreement in Cyprus means that the EFSI guarantee is now helping to boost investment throughout the EU. The European Commission welcomes the news that, with the agreement in Cyprus, the European Fund for Strategic Investments (EFSI) is now helping to boost investment, support jobs and spur growth in all 28 Member States. Commission Vice-President Jyrki Katainen, responsible for Jobs, Growth, Investment and Competitiveness, said: "The EFSI has already proven to be a crucial first step towards returning investment levels...

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Chapter News

Commission sets out the strategic way forward for the EU’s Customs Union

The European Commission today adopted its long-term plan to give fresh impetus to the management of the Customs Union, a basic pillar of the European Union which supports and protects the Single Market. The role of customs authorities in ensuring our safety and security in the EU is increasing. A strong and well managed system helps to protect the public against terrorist, health, and environmental threats while at the same time fostering and developing competitive businesses. Today's Communication sets out...

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Chapter News

Visa reciprocity with the US and Canada: Commission reports on recent developments

The European Commission reported on progress towards achieving full visa reciprocity with Canada and the United States, evaluating the developments over the past five months. Since the last report, following contacts at political and technical level, the EU and Canada have agreed a clear timeline for achieving full visa waiver reciprocity. There have, however, not been comparable indications of progress with the United States, despite sustained efforts. Migration, Home Affairs, and Citizenship Commissioner, Dimitris Avramopoulos, said: “Guaranteeing full visa reciprocity with...

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Member News

2016 Technology and Life Sciences IPO Report

Wilson Sonsini Goodrich & Rosati is pleased to present its 2016 Technology and Life Sciences IPO Report, which presents key data related to the pricing of 49 U.S.-based technology and life sciences issuers between January 1 and December 1, 2016. In a year of uncertainty in the domestic and international financial markets, the U.S. market for new issuers recovered from a halting start to post a solid second half.   Technology For technology IPOs, 2016 was a tale of two halves. The first...

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Chapter News

ESMA identifies areas for improvement in EU CCP supervision

The European Securities and Markets Authority (ESMA) has presented today the results of a peer review, it conducted into how national competent authorities (NCAs) ensure that central counterparties (CCPs) comply with margin and collateral requirements under the European Markets Infrastructure Regulation (EMIR). The report identified a number of areas where supervisory approaches differ between NCAs and includes recommendations to improve consistency in supervisory practices. ESMA compared the supervisory approaches of the 16 NCAs supervising the 17 CCPs established in the...

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Member News

Houlihan Lokey Advises Maxi Canada, Inc.

Houlihan Lokey's Consumer, Food & Retail Group is pleased to announce that Maxi Canada, Inc. (Maxi), a portfolio company of Lake Pacific Partners LLC, has been acquired by Altamont Capital Partners LLC (Altamont). The transaction closed on December 9, 2016. Founded in 1970 and located in St-Lin-Laurentides, Quebec, Maxi has developed an attractive portfolio of frozen poultry products sold throughout the United States. The company is known for its high-quality, great-tasting products sold under the Dino Buddies and Yummy...

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Member News

Are Your Clients Acting Like Scrooge?

Many businesses and contractors who’ve worked for large companies may find themselves waiting and waiting to receive payment by the year’s end. Despite having delivered their products and services on time — and filed their invoices accordingly — employers can be left scrambling to meet payroll deadlines and pay suppliers when December 31st rolls around and they haven’t seen a dime from the larger companies with whom they’ve collaborated. How come some companies hold out so long to make good on their contracts?...

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Chapter News

Security Union: Commission proposes to reinforce the Schengen Information System to better fight terrorism and cross-border crime

The Commission is today proposing to strengthen the operational effectiveness and efficiency of the Schengen Information System (SIS), as announced in the Communication setting out the way forward towards the achievement of an effective and sustainable EU Security Union and as reiterated in President Juncker's State of the Union Address. Consulted 2.9 billion times in 2015, SIS is the most widely used information sharing system for border management and security in Europe. The proposed improvements will further enhance the ability...

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Chapter News

Commission sets out the strategic way forward for the EU’s Customs Union

The European Commission today adopted its long-term plan to give fresh impetus to the management of the Customs Union, a basic pillar of the European Union which supports and protects the Single Market. The role of customs authorities in ensuring our safety and security in the EU is increasing. A strong and well managed system helps to protect the public against terrorist, health, and environmental threats while at the same time fostering and developing competitive businesses. Today's Communication sets out...

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